Tuesday, January 16, 2018 12:52:05 PM
If today Hanks does a R/S of let's say 100:1 then your current amount of shares owned would be devided by 100 whereas the pps would be multiplied by 100.
So after that fictive R/S our pps would then be 0,66USD but with a total shares amount devided by 100. Hence, the company's market capitalization would stay the same.
BUT: as this will be seen (and that's the only option to see it) as most negative development for sure the pps will then start to drop further down. And sooner or later it will be back at .0066 but this time you only have the hundreds portion of you today's shares amount! -99% guarantee with a R/S coming!
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